MASTERSON

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43405District 10Field 68831001GasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction1,398,250 Mcf$3,193,799
Total$3,193,799

614,397 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 35.6019, -101.7484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60190, -101.74839 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
1,865 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 1,865 ft.

Completions filed
Jan 1968
1 of 1 wells

1 well

42-3758030320371,865 ftJan 1968

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20260106.413.05$0
Apr 202618598.932.87$531
Mar 202612489.753.15$391
Feb 20261263.503.75$45
Jan 202621259.138.00$1,696
Dec 202516656.664.41$733
Nov 2025058.593.93$0
Oct 202527759.383.30$915
Sep 202560562.743.08$1,862
Aug 202582663.933.01$2,490
Jul 202587266.743.32$2,891
Jun 20251,34766.483.13$4,214
May 20251,22660.553.23$3,963
Apr 202573062.363.54$2,586
Mar 2025067.704.27$0
Feb 202550170.884.34$2,175
Jan 202530474.324.28$1,301
Dec 202436168.993.12$1,127
Nov 202485769.052.20$1,884
Oct 20241,01671.372.28$2,318
Sep 20241,03369.612.36$2,442
Aug 20241,09675.632.06$2,262
Jul 20241,10679.932.15$2,374
Jun 20241,01778.082.63$2,679
May 202488178.812.20$1,937
Apr 202474684.451.66$1,238
Mar 202491980.301.55$1,420
Feb 202480676.091.78$1,438
Jan 202485173.023.30$2,806
Dec 202394371.262.61$2,462
Nov 202383577.892.81$2,344
Oct 202345685.443.09$1,408
Sep 202377389.042.74$2,114
Aug 202379280.522.67$2,117
Jul 202321574.852.64$568
Jun 202365768.962.26$1,484
May 202396570.622.23$2,149
Apr 202373878.122.24$1,651
Mar 202391372.852.39$2,185
Feb 202389975.112.47$2,217
Jan 202372976.533.39$2,470
Dec 202279076.415.73$4,526
Nov 202264685.005.65$3,647
Oct 202264287.185.86$3,765
Sep 202275384.888.16$6,147
Aug 202290094.529.13$8,214
Jul 2022984101.587.54$7,421
Jun 2022890115.097.98$7,100
May 2022747109.378.43$6,299
Apr 2022798104.226.84$5,456
Mar 2022860108.885.08$4,366
Feb 202252391.054.86$2,541
Jan 202274481.844.54$3,376
Dec 202182971.323.90$3,232
Nov 202176277.435.24$3,990
Oct 202169679.795.71$3,977
Sep 202188769.865.35$4,746
Aug 20211,12366.024.22$4,740
Jul 20211,13170.783.98$4,504
Jun 20211,13569.493.38$3,837
May 20211,18063.483.02$3,561
Apr 20211,29860.362.76$3,580
Mar 20211,36761.302.72$3,714
Feb 20211,05257.805.55$5,836
Jan 20211,36150.412.81$3,825
Dec 20201,24744.642.68$3,336
Nov 20201,32738.772.71$3,592
Oct 20201,38436.972.48$3,430
Sep 20201,37837.091.99$2,744
Aug 20201,45939.982.39$3,480
Jul 20201,42838.371.83$2,606
Jun 20201,45834.901.69$2,464
May 20201,50116.921.81$2,724
Apr 20201,43314.751.80$2,586
Mar 20201,46830.341.86$2,725
Feb 20201,07949.881.98$2,137
Jan 20201,48257.252.09$3,104
Dec 20191,14459.012.30$2,636
Nov 20191,20355.302.75$3,309
Oct 201959853.472.42$1,446
Sep 201959855.052.66$1,589
Aug 20191,00553.112.30$2,316
Jul 201991056.272.46$2,239
Jun 201987052.782.49$2,167
May 20191,00758.482.74$2,760
Apr 201932962.632.75$905
Mar 201922356.803.06$683
Feb 201929350.852.79$818
Jan 20191,11046.033.23$3,583
Dec 201872946.594.19$3,051
Nov 201896352.934.24$4,080
Oct 20181,03361.443.40$3,510
Sep 20181,04059.543.11$3,232
Aug 201898459.403.07$3,018
Jul 20181,28665.142.93$3,770
Jun 20181,31060.183.08$4,031
May 20181,56465.382.90$4,537
Apr 20181,52063.842.90$4,409
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 20171,56157.272.92$4,560
Nov 20171,48255.423.12$4,621
Oct 20171,48949.292.98$4,443
Sep 20171,37847.523.09$4,254
Aug 20171,51645.373.00$4,555
Jul 20171,43343.873.09$4,424
Jun 20171,10842.493.09$3,421
May 20171,44245.373.26$4,706
Apr 20171,42847.933.21$4,586
Mar 20171,49646.772.98$4,464
Feb 20171,32850.452.95$3,921
Jan 20171,61349.413.42$5,515
Dec 20161,09548.763.72$4,077
Nov 20161,44442.492.64$3,818
Oct 20161,52746.193.09$4,719
Sep 20161,51241.553.10$4,688
Aug 20161,59041.442.92$4,650
Jul 20161,45341.622.92$4,249
Jun 201694345.352.69$2,533
May 201668542.521.99$1,364
Apr 201646236.561.99$920
Mar 201675033.011.79$1,346
Feb 20161,58326.472.06$3,267
Jan 20161,73127.352.36$4,093
Dec 20151,50932.362.00$3,020
Nov 20151,18738.792.17$2,573
Oct 20151,24543.552.43$3,021
Sep 20151,13542.992.76$3,131
Aug 20151,26740.162.87$3,639
Jul 20151,28148.152.95$3,773
Jun 20151,23656.152.88$3,563
May 20151,86055.212.96$5,497
Apr 201592949.822.71$2,514
Mar 201579342.892.93$2,327
Feb 201586144.662.98$2,563
Jan 201566743.433.10$2,068
Dec 201491954.693.59$3,300
Nov 201492270.464.25$3,920
Oct 201499378.303.90$3,874
Sep 201484286.164.05$3,406
Aug 201493089.394.04$3,753
Jul 201481396.564.18$3,398
Jun 201481698.164.74$3,865
May 201452094.734.73$2,458
Apr 201481695.944.81$3,924
Mar 201471795.895.06$3,626
Feb 201494497.406.19$5,845
Jan 201456890.404.86$2,761
Dec 201383191.824.35$3,619
Nov 201365188.853.74$2,434
Oct 201395297.423.78$3,598
Sep 2013877104.113.72$3,260
Aug 2013623104.253.52$2,195
Jul 2013807102.523.72$3,000
Jun 201380894.403.93$3,178
May 201382094.834.15$3,402
Apr 201385693.964.28$3,666
Mar 201350993.623.91$1,992
Feb 201360091.233.42$2,052
Jan 201373191.603.42$2,500
Dec 201268586.773.42$2,343
Nov 201282286.953.62$2,980
Oct 201260489.383.40$2,053
Sep 201245894.672.92$1,337
Aug 201283692.662.91$2,431
Jul 20121,43485.133.02$4,332
Jun 201241579.822.52$1,045
May 201242391.612.49$1,053
Apr 2012581101.652.00$1,160
Mar 2012662105.052.22$1,471
Feb 2012634101.102.57$1,630
Jan 201236398.092.73$992
Dec 201169296.873.24$2,242
Nov 201169195.723.31$2,288
Oct 20111,03084.983.65$3,758
Sep 20111,13483.623.99$4,520
Aug 20111,81783.404.15$7,539
Jul 20111,83694.144.52$8,294
Jun 20111,91392.904.64$8,876
May 20111,94298.134.40$8,554
Apr 20111,269105.964.33$5,499
Mar 201166296.364.06$2,686
Feb 20111,44785.644.18$6,048
Jan 201152086.504.59$2,386
Dec 201071785.734.35$3,117
Nov 201074280.843.80$2,816
Oct 201062178.103.51$2,179
Sep 201024272.633.98$963
Aug 20101,32573.684.42$5,856
Jul 201066672.554.74$3,155
Jun 201053470.364.91$2,622
May 201080371.124.24$3,401
Apr 201068581.694.12$2,824
Mar 201032278.394.39$1,413
Feb 201041373.585.44$2,248
Jan 201073674.365.96$4,390
Dec 200983871.445.48$4,595
Nov 200979774.593.75$2,990
Oct 20091,15172.544.11$4,731
Sep 20091,30165.543.06$3,987
Aug 20091,09367.423.22$3,518
Jul 20091,22061.133.46$4,227
Jun 200998566.163.90$3,837
May 20091,07654.743.93$4,224
Apr 200997646.773.59$3,501
Mar 20091,00242.144.06$4,067
Feb 200996532.814.63$4,471
Jan 20091,00235.865.37$5,382
Dec 20081,00637.105.98$6,013
Nov 200833455.496.86$2,291
Oct 200864175.246.92$4,437
Sep 20081,664101.767.88$13,107
Aug 20081,743114.228.48$14,786
Jul 20081,760131.0811.39$20,045
Jun 20081,729131.3313.03$22,533
May 20081,599123.1711.57$18,507
Apr 20082,265110.3110.45$23,680
Mar 20082,675101.909.66$25,851
Feb 20082,43492.538.77$21,348
Jan 20082,31590.388.21$18,996
Dec 20072,61688.337.30$19,102
Nov 20072,92991.677.29$21,357
Oct 20072,08882.856.92$14,453
Sep 20071,89875.846.24$11,851
Aug 20072,05869.066.39$13,146
Jul 20071,89170.906.39$12,080
Jun 20071,17862.007.55$8,892
May 20071,51558.747.85$11,887
Apr 20071,92059.617.81$14,986
Mar 20071,46456.927.30$10,690
Feb 20071,20755.108.22$9,917
Jan 20071,43550.306.73$9,653
Dec 20061,64856.656.92$11,402
Nov 20061,66354.207.62$12,668
Oct 20062,24354.906.01$13,489
Sep 20062,05860.085.04$10,367
Aug 20062,97968.717.34$21,866
Jul 20063,06469.376.34$19,434
Jun 20063,12966.286.38$19,975
May 20062,75566.016.42$17,701
Apr 20062,91564.397.36$21,456
Mar 20063,03856.707.08$21,518
Feb 20062,66157.597.75$20,626
Jan 20062,25660.598.93$20,154
Dec 20052,63654.9413.42$35,363
Nov 20052,89154.6910.59$30,611
Oct 20053,28958.3413.80$45,374
Sep 20053,17961.4512.08$38,399
Aug 20053,13161.519.80$30,674
Jul 20051,93555.697.84$15,177
Jun 20051,99652.337.38$14,733
May 20053,04445.226.65$20,246
Apr 20052,98949.207.36$22,000
Mar 20052,80850.377.15$20,091
Feb 20052,17145.226.31$13,703
Jan 20051,96143.166.32$12,398
Dec 20042,33639.866.75$15,771
Nov 20042,62445.286.33$16,611
Oct 20043,13649.706.52$20,431
Sep 20043,44743.245.28$18,214
Aug 20043,65742.375.55$20,299
Jul 20043,31738.286.08$20,181
Jun 20043,14436.106.43$20,225
May 20043,53937.486.49$22,984
Apr 20043,13934.475.86$18,390
Mar 20043,13734.365.53$17,348
Feb 20042,78132.455.51$15,322
Jan 20043,05532.036.30$19,245
Dec 20033,01030.266.30$18,968
Nov 20033,26628.804.60$15,008
Oct 20033,52528.174.76$16,778
Sep 20033,54226.314.75$16,822
Aug 20033,92029.765.13$20,109
Jul 20034,18529.415.17$21,640
Jun 20033,96928.565.98$23,746
May 20033,94626.595.97$23,568
Apr 20033,84926.675.41$20,813
Mar 20033,79731.146.10$23,147
Feb 20033,29533.487.93$26,116
Jan 20032,78730.315.58$15,557
Dec 20022,97426.914.85$14,435
Nov 20023,01224.664.14$12,461
Oct 20023,40526.464.23$14,400
Sep 20023,51927.443.64$12,792
Aug 20023,57825.963.16$11,321
Jul 20023,73124.583.06$11,423
Jun 20023,39823.733.34$11,343
May 20023,48024.663.58$12,472
Apr 20023,20423.653.51$11,253
Mar 20023,36222.003.10$10,431
Feb 20023,07918.222.38$7,315
Jan 20023,49417.172.38$8,301
Dec 20013,70316.932.36$8,755
Nov 20013,96318.072.41$9,533
Oct 20014,29319.782.53$10,856
Sep 20014,33924.262.25$9,768
Aug 20014,60224.873.05$14,051
Jul 20014,70523.933.20$15,042
Jun 20014,35024.563.82$16,635
May 20014,51425.524.31$19,443
Apr 20014,08424.685.34$21,789
Mar 20013,86224.545.38$20,764
Feb 20013,74827.755.77$21,615
Jan 20014,27127.478.40$35,871
Dec 20004,55026.889.12$41,507
Nov 20004,60332.215.66$26,044
Oct 20005,04231.235.15$25,944
Sep 20005,20531.875.19$26,996
Aug 20005,61729.644.54$25,505
Jul 20005,51128.534.09$22,539
Jun 20005,41729.304.40$23,820
May 20005,20727.263.68$19,160
Apr 20005,20624.513.12$16,222
Mar 20005,63328.422.86$16,109
Feb 20005,13327.622.73$13,995
Jan 20005,45925.272.48$13,541
Dec 19995,59124.282.42$13,551
Nov 19995,88523.192.43$14,324
Oct 19996,34220.982.80$17,781
Sep 19996,31621.752.62$16,541
Aug 19996,66819.262.88$19,175
Jul 19995,56717.892.37$13,207
Jun 19995,03515.942.36$11,893
May 19995,32915.792.32$12,369
Apr 19995,59015.102.21$12,343
Mar 19995,73212.471.84$10,537
Feb 19995,6559.981.82$10,280
Jan 19996,15110.381.90$11,687
Dec 19986,7489.201.77$11,966
Nov 19986,42410.892.19$14,041
Oct 19986,66412.421.97$13,123
Sep 19987,29012.592.08$15,182
Aug 19987,82411.301.91$14,923
Jul 19987,77711.742.24$17,399
Jun 19987,29111.242.24$16,312
May 19986,24912.622.21$13,787
Apr 19987,06913.042.51$17,710
Mar 19987,06712.802.31$16,321
Feb 19986,28513.952.30$14,450
Jan 19986,74814.702.15$14,541
Dec 19976,74216.322.41$16,256
Nov 19977,52218.193.09$23,230
Oct 19978,15219.253.15$25,677
Sep 19977,49117.742.95$22,135
Aug 19979,05017.862.55$23,120
Jul 19979,36317.582.25$21,038
Jun 19977,58817.242.26$17,128
May 19978,80518.972.31$20,326
Apr 19977,59217.882.08$15,812
Mar 19979,13818.951.94$17,720
Feb 19978,33820.492.21$18,393
Jan 19978,89823.483.54$31,496
Dec 19968,73123.32$0
Nov 19969,10421.97$0
Oct 199610,42523.31$0
Sep 199610,09422.22$0
Aug 199611,46220.26$0
Jul 19963,19919.55$0
Jun 199610,25518.73$0
May 199610,78819.43$0
Apr 199610,68521.51$0
Mar 199611,25419.38$0
Feb 19969,82216.98$0
Jan 199610,40917.07$0
Dec 199511,74117.19$0
Nov 199511,82816.00$0
Oct 199512,61615.43$0
Sep 199511,99016.18$0
Aug 199513,85115.92$0
Jul 19952,14615.24$0
Jun 199512,03216.41$0
May 199512,60817.56$0
Apr 199512,11217.73$0
Mar 199512,87716.44$0
Feb 199511,86016.58$0
Jan 199513,00115.92$0
Dec 199413,69415.03$0
Nov 199413,39315.90$0
Oct 199414,40515.58$0
Sep 199415,18815.29$0
Aug 199414,81216.13$0
Jul 19941,06917.56$0
Jun 199413,36617.09$0
May 199415,11815.88$0
Apr 199414,08714.14$0
Mar 199415,08412.46$0
Feb 199414,31812.50$0
Jan 199415,69612.66$0
Dec 199316,00212.33$0
Nov 199315,50214.49$0
Oct 199317,17815.85$0
Sep 199316,17915.03$0
Aug 199317,79115.66$0
Jul 199319,05115.46$0
Jun 199318,57216.79$0
May 199316,24717.68$0
Apr 199316,81818.05$0
Mar 199315,66318.14$0
Feb 199314,18717.90$0
Jan 199316,08716.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Gas                  185 Mcf  × $  2.87 =       $531

────────────────────────────────────────────────────
Month total                                     $531

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/43405 is the state's own key, not one this site invented.